How can I protect assets in a divorce?

To protect your assets in a divorce in Washington, you should ensure that you keep records of all your financial information. This could include bank statements, investments, real estate, monthly bills, and all other financial accounts. Also, you should keep records of the contributions you and your spouse have made to joint accounts or properties. Next, you should make sure to accurately report the value of any assets. This could include valuing a home, a business, or any other properties you may own. The court will assess property values in the divorce, so it is important to accurately report the values. You can also enter into a prenuptial or postnuptial agreement with your spouse. These agreements can specify which assets you brought into the marriage and which will be divided in the event of a divorce. Lastly, you may consider mediating the divorce instead of going to court. A mediator can help both you and your spouse come to a mutual agreement on asset division that meets the needs of both parties. By following these steps, you can ensure that your assets are accurately reported and fairly divided in the event of a divorce in Washington.

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How can I protect assets in a divorce?

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